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Amazon.com (XSGO:AMZN) Cyclically Adjusted Price-to-FCF : 160.63 (As of May. 19, 2024)


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What is Amazon.com Cyclically Adjusted Price-to-FCF?

As of today (2024-05-19), Amazon.com's current share price is $184.72. Amazon.com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.15. Amazon.com's Cyclically Adjusted Price-to-FCF for today is 160.63.

The historical rank and industry rank for Amazon.com's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XSGO:AMZN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 80.76   Med: 157.78   Max: 251.59
Current: 160.55

During the past years, Amazon.com's highest Cyclically Adjusted Price-to-FCF was 251.59. The lowest was 80.76. And the median was 157.78.

XSGO:AMZN's Cyclically Adjusted Price-to-FCF is ranked worse than
97% of 434 companies
in the Retail - Cyclical industry
Industry Median: 12.745 vs XSGO:AMZN: 160.55

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Amazon.com's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.381. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $1.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amazon.com Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Amazon.com's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Amazon.com Cyclically Adjusted Price-to-FCF Chart

Amazon.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.46 167.16 192.45 112.79 145.71

Amazon.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 145.67 170.52 149.73 145.71 156.79

Competitive Comparison of Amazon.com's Cyclically Adjusted Price-to-FCF

For the Internet Retail subindustry, Amazon.com's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Amazon.com's Cyclically Adjusted Price-to-FCF Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Amazon.com's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Amazon.com's Cyclically Adjusted Price-to-FCF falls into.



Amazon.com Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Amazon.com's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=184.72/1.15
=160.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amazon.com's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Amazon.com's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.381/131.7762*131.7762
=0.381

Current CPI (Mar. 2024) = 131.7762.

Amazon.com Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.046 100.560 -0.060
201409 0.042 100.428 0.055
201412 0.599 99.070 0.797
201503 -0.255 99.621 -0.337
201506 0.082 100.684 0.107
201509 0.148 100.392 0.194
201512 0.711 99.792 0.939
201603 -0.326 100.470 -0.428
201606 0.193 101.688 0.250
201609 0.291 101.861 0.376
201612 0.806 101.863 1.043
201703 -0.384 102.862 -0.492
201706 0.075 103.349 0.096
201709 0.071 104.136 0.090
201712 0.881 104.011 1.116
201803 -0.491 105.290 -0.615
201806 0.421 106.317 0.522
201809 0.523 106.507 0.647
201812 1.274 105.998 1.584
201903 -0.144 107.251 -0.177
201906 0.552 108.070 0.673
201909 0.317 108.329 0.386
201912 1.415 108.420 1.720
202003 -0.369 108.902 -0.447
202006 1.291 108.767 1.564
202009 0.088 109.815 0.106
202012 1.521 109.897 1.824
202103 -0.767 111.754 -0.904
202106 -0.153 114.631 -0.176
202109 -0.818 115.734 -0.931
202112 0.305 117.630 0.342
202203 -1.744 121.301 -1.895
202206 -0.664 125.017 -0.700
202209 -0.481 125.227 -0.506
202212 1.231 125.222 1.295
202303 -0.910 127.348 -0.942
202306 0.481 128.729 0.492
202309 0.828 129.860 0.840
202312 2.627 129.419 2.675
202403 0.381 131.776 0.381

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Amazon.com  (XSGO:AMZN) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Amazon.com Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Amazon.com's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Amazon.com (XSGO:AMZN) Business Description

Address
410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is a leading online retailer and one of the highest-grossing e-commerce aggregators, with $386 billion in net sales and approximately $578 billion in estimated physical/digital online gross merchandise volume in 2021. Retail-related revenue represents approximately 80% of the total, followed by Amazon Web Services' cloud computing, storage, database, and other offerings (10%-15%), advertising services (5%), and other. International segments constitute 25%-30% of Amazon's non-AWS sales, led by Germany, the United Kingdom, and Japan.